Significant progress has been made in implementing the government’s financial management review, but the Treasury and chancellor Philip Hammond need to build on what has been achieved to date
Three quarters of Treasury staff say they are not satisfied with their pay and benefits package and have raised concerns that the department may not be doing enough to hold on to talented employees,...
With rifts in cabinet and country over Brexit, and rumours about the chancellor being sidelined, questions are being asked over the size of the Treasury’s influence
More than £500bn in planned public and private investment is now in the UK’s infrastructure pipeline, according to an update issued by the Treasury today.
The government has now recovered over £17bn of the £20.3bn of taxpayer money injected into Lloyds bank during the financial crisis, it has been announced.
The government has confirmed plans to abolish the 223-year-old Public Works Loan Board and transfer its functions for lending to local authorities to the Treasury.
The Treasury sold assets of the old Northern Rock bank without a business case, failed to consider the buyer’s tax domicile and ignored a bank’s conflict of interest, according to a review by the...
Chancellor Philip Hammond has launched a further sale of mortgage assets from the former Bradford & Bingley bank, which was nationalised in 2008 at the peak of the financial crisis.
The National Infrastructure Commission will in January become an executive agency of the Treasury with its own budget, chancellor Philip Hammond has said.
Treasury minister Lord Jim O’Neill, who led the department’s work on devolution deals including the Northern Powerhouse, has resigned, becoming the first person to quit Theresa May’s government.
Ministers have been urged to provide young people who are renting with mortgage deposits in order to enable them to get onto the property ladder, a report by the think-tank Localis has said.
The government has started consulting on the introduction of a tax on sugary drink manufacturers, which it hopes will help bring down childhood obesity rates.
The government has confirmed today it will seek to clamp down on accountants, tax planners and advisers who help their clients to bend the rules and avoid tax.
Government financial assets across banking, housing and student finance are placing an increasing risk to the public finances, the National Audit Office has warned.
Chancellor George Osborne this morning insisted robust contingency plans to maintain economic and fiscal stability were in place following Thursday’s vote to leave the European Union.
The directors of three of the UK’s leading economic research institutions have issued a joint statement warning that a Brexit would almost certainly weaken the public finances.
George Osborne’s plan to devolve business rates revenue to local authorities may fail because it does not provide enough incentive to poorer areas, an analysis has found.
A treaty to end the double taxation of income in the UK and Algeria is to come into effect next year as part of efforts to increase trade between the two countries, a Treasury minister has confirmed.
The Treasury is making progress on improving the quality of the Whole of Government Accounts and there is a path to removing the remaining qualifications, the National Audit Office’s report on the...
Brexit would trigger a “DIY recession”, plunging Britain into a sustained contraction of its own making and adding half a million people to the ranks of the unemployed, chancellor George...
